Beekeeper’s Naturals Raises $3.5M in Series A Funding

Beekeeper’s Naturals, a Canadian natural superfood maker, raised $3.5 m in Series A funding.

The round was led by Sonoma Brands.

The company intends to use the funds to further its R&D to develop natural alternatives for the medicine cabinet and expand its retail distribution.

Founded by Carly Stein (28), Beekeeper’s Naturals provides a product line consisting of plant-based adaptogens and health booster complexes that incorporate superfoods straight from the hive, targeting immune support, brain health, increased energy and sleep issues.

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Sponsor 

myCareBase™ is a platform for seniors and their families to find, evaluate, hire and manage home support services, to improve the seniors’ ability to remain living safely in their current home for as long as possible. The caregiver marketplace currently offers candidates in Greater Toronto and Greater Vancouver.

To compliment this platform the company also offers an innovative care management app that centralizes communication and task management among family members and the caregiver, along with a Care Concierge service to help family members with administrative, navigational or organizational tasks.

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The company is based in Toronto, ON.

Commenting on the funding , Stein said: “We’re excited to partner with Sonoma Brands for the next phase of our growth. They have an exceptional track record of success in the consumer product space.As we revamp the medicine cabinet and lead a new category, we are confident that they are the right partners to support us in bringing Beekeeper’s Naturals and the extraordinary health benefits of the beehive to the masses.“

Source. FinSMEs, October, 16, 2019

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Glofox Closes $10M Series A Funding

Glofox, a Los Angeles, Calif.–based management platform specifically tailored to the needs of boutique fitness studio owners and their members, closed a $10M Series A funding.

The round was led by Octopus Ventures, with participation from Partech, Notion Capital and Tribal VC.

The company intends to use the funds to:
– continue its expansion efforts in the US,
– build out its Los Angeles HQ,
– invest in product, developing additional innovative solutions for the enterprise/franchise market,
– increase marketing efforts, and
– fill key leadership positions.

Founded in 2014 by CEO Conor O’Loughlin, Glofox provides a software platform for fitness entrepreneurs to manage booking, payments, new leads and memberships. The system enables boutique fitness studio owners to create and maintain relationships with their members at every phase of the life cycle and at scale, whether they own one studio or 1,000. The company has a client base that spans 43 countries across the globe

Customers include F45 Training, Elite Bodyworks, Fit 7/8, 9Round, Switch Playground, etc.

Source. FinSMEs, Staff, May 14, 2019

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Are you a Canadian GP/LP/CI or a Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience.

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